Today’s Taxpayer News!
Business Insider has the latest news on the debt deal that’s being hammered out to avoid the “fiscal cliff.” Congressional Democrats and the President are set on raising taxes for those with incomes above $250,000, while many Congressional Republicans are still steadfastly attempting to protect all taxpayers from higher rates.
NTU recently sent a letter to Congress urging lawmakers to reject the Streamlined Sales and Use Tax Agreement (SSUTA), a revenue collection ploy that could hurt individuals and businesses.